Path: csiph.com!v102.xanadu-bbs.net!xanadu-bbs.net!feeder.erje.net!eu.feeder.erje.net!news.stack.nl!aioe.org!.POSTED!not-for-mail From: "Rod Pemberton" Newsgroups: comp.lang.forth Subject: Re: A clear victory for MMP Date: Fri, 25 Oct 2013 18:05:06 -0400 Organization: Aioe.org NNTP Server Lines: 55 Message-ID: References: <02632614-b3ed-4db9-884a-0581ef938265@googlegroups.com> <021518f8-10bc-4d19-a539-5b7822da49b4@googlegroups.com> NNTP-Posting-Host: CNsg4fVcCsvs3UaOgZtQCw.user.speranza.aioe.org Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii; format=flowed; delsp=yes Content-Transfer-Encoding: 7bit X-Complaints-To: abuse@aioe.org User-Agent: Opera Mail/12.16 (Linux) X-Notice: Filtered by postfilter v. 0.8.2 Xref: csiph.com comp.lang.forth:26683 On Mon, 07 Oct 2013 07:44:22 -0400, Howerd wrote: > On Monday, October 7, 2013 2:24:14 AM UTC+1, Chris wrote: >> Chuck Moore's Weblog updated >> http://www.colorforth.com/blog.htm > > From Chuck's blog : > "Jury decided HTC infringes my '336 patent. Took 5 years, but > a clear victory for MMP. Expect licensing will be revitalized." > ... "clear victory" ... What an interesting choice of words. Technology Properties Limited 50% owner of MMP (Moore Microprocessor Patent) portfolio assets: $500K to $1 million liabilities: $50 million to $100 million Pres.: Daniel McNary Lekrone, aka "Mac" Lekrone CEO: Chet Brown CFO: Dwayne Hannah CTO: Charles Moore "On March 20, 2013, Technology Properties Limited LLC filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Northern District of California." Patriot Scientific 50% owner of MMP (Moore Microprocessor Patent) portfolio OTC BB security symbol PTSC USD $0.11/share P/E 28.25 ROA: -12.07% EBITDA: USD $ -1.43 million Total Cash: USD $7.25 million Market Cap: USD $45 million interim CEO/CFO: Cliff Flowers One is bankrupt (ongoing) and the other is headed there, or so it seems ... negative $1.43 million in earnings per year, just a few years of cash, security under $1 USD. Just how does one define a "clear victory"? ISTM that a very realistic outcome for both is they'll be for sale in short order, unless those licensing fees are absolutely outrageous, bordering on unjust enrichment. Rod Pemberton